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SpaceX

New LocationDetected 20h ago · Louisiana, USA
$100.0B

SpaceX announced plans to build a new launch site, Starbase, in Louisiana, with a $100 billion investment. Construction is set to begin in 2027, with the first launches targeted for 2029.

Why it matters for sellers

New site = local vendors and services needed

Read the original coveragevia techcrunch.com

Signal details

Reported
August 25, 2026
Source
techcrunch.com

From the coverage · techcrunch.com

SpaceX has announced it will build a second spaceport for future launches of its Starship mega-rocket at a former Exxon property in Louisiana, ending what the company says was a seven-year search for a suitable location. The new launch site will sit along the Gulf Coast in Vermilion Parish, west of New Orleans and roughly 10 hours from the company’s existing Starbase complex in South Texas. SpaceX says it is investing $100 billion, with construction starting in 2027. SpaceX claims the first Starship launch will take place in 2029. Louisiana Economic Development (LED), the state agency that oversees business development, offers a slightly more conservative timeline.

” Before any of that happens, SpaceX is still trying to prove that it can fly Starship into low-Earth orbit and make the rocket reusable, like its existing Falcon 9 and Falcon Heavy rockets. SpaceX has performed 13 test flights of Starship since 2023 , and while the company has ticked off a lot of development boxes, it still has a lot of work to do. An upcoming 14th test flight could see SpaceX send Starship’s upper stage to orbit for the first time. But the company has yet to return both the booster and the upper stage to the launch pad on a single flight, a basic necessity if Starship is to become truly reusable.

Even then, SpaceX must show that it can bring the vehicle back and refurbish it quickly enough to reach its own aggressive goal of sending up multiple Starships per week. That isn’t stopping SpaceX from betting almost everything on Starship. This past week, SpaceX founder and CEO Elon Musk said he will retire the Falcon rockets once Starship is flying multiple times per week. His comments confirmed earlier reporting from Bloomberg News that the company was already telling prospective customers about the impending end of the Falcon program . SpaceX has spent more than $8 billion developing Starship, according to filings submitted to the Securities and Exchange Commission.

The rocket — which is the largest and most powerful ever built — is crucial to maintaining and growing the only profitable part of SpaceX’s business, its Starlink satellite internet service. SpaceX is also planning to build an entire network of satellites dedicated to AI processing, which it needs Starship to launch. The new Starbase site will create 3,000 direct new jobs over 10 years, with an average annual salary of $92,600, according to LED. More than 30,000 construction jobs are expected at the peak of the buildout. It’s not immediately clear if SpaceX intends to create a company town around the new Starbase site, like the one it has architected in Texas.

The Texas municipality, once called Boca Chica and renamed Starbase, has its own ZIP code and volunteer fire station, and is building its own police force and community library. It is run by a local government filled with SpaceX employees (or family members of SpaceX employees). ” As a mix of a launch complex and active construction zone, the Starbase site in Texas has also seen extremely high injury rates over the last decade. It’s the most dangerous site SpaceX operates and the company has reported hundreds of injuries to the Occupational Health and Safety Administration .

Continue reading at techcrunch.com

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